Form 4: SunCoke Energy Director, Susan R. Landahl, Reports Acquisition of Restricted Share Units

Sentiment:

SEC Form 4 Filing


Director Susan R. Landahl reports acquisition of 14,412 restricted share units (RSUs) of SunCoke Energy, Inc. on May 15, 2025, convertible to common stock upon termination of board service.

Summary

  • On May 15, 2025, Susan R. Landahl, a director of SunCoke Energy, Inc., reported the acquisition of 14,412 restricted share units (RSUs).
  • These RSUs were granted under the SunCoke Energy, Inc. Omnibus Long-Term Incentive Plan and are exempt under Rule 16b-3.
  • The RSUs will be settled in shares of common stock following the termination of Ms. Landahl's board service.
  • The conversion rate for the RSUs is 1 for 1.
  • Following the reported transaction, Ms. Landahl beneficially owns 53,562 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a standard executive compensation practice, indicating alignment of interests between management and shareholders. There are no overtly negative implications.

Positives

  • The grant of RSUs aligns the director's interests with the long-term performance of the company.
  • The grant was made under the SunCoke Energy, Inc. Omnibus Long-Term Incentive Plan, suggesting a structured and approved compensation strategy.

Future Outlook

The RSUs will be settled in shares of common stock following termination of Board service.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It reflects the company's ongoing use of equity-based compensation to incentivize and retain key personnel.

Stakeholder Impact

  • The grant of RSUs could have a slightly dilutive effect on existing shareholders when the units are eventually converted to common stock.
  • The compensation structure aims to align the director's interests with those of the shareholders, potentially leading to better corporate governance and decision-making.

Key Dates

DateDescription
05/15/2025Date of the transaction (acquisition of RSUs) and filing of the Form 4.

Keywords

SunCoke Energy, Director, Landahl, Restricted Share Units, RSUs, SXC, Beneficial Ownership, Form 4, Incentive Plan

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